Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Water, Land, Energy and Environment, to which was referred H.B. No. 2455 entitled:

begs leave to report as follows:

The purpose of this measure is to establish a brownfields clean-up revolving loan fund to provide low interest loans for the clean-up of contaminated brownfields sites.

Testimony in support of this measure was received from the Department of Business, Economic Development, and Tourism Office of Planning, Department of Health, and Chamber of Commerce of Hawaii.

Your Committee finds that this measure would contribute to a cleaner environment while advancing economic development opportunities in Hawaii. Your Committee has amended this measure to make technical amendments to reflect the preferred drafting style.

As affirmed by the record of votes of the members of your Committee on Water, Land, Energy and Environment that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2455, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2455, S.D. 1, and be referred to the Committee on Ways and Means.